First quarter, January -
- Net sales amounted to
SEK 1,280 M (1,929) -
Gross margin amounted to 10.4 per
cent (8.8) - Operating profit amounted to
SEK -22 M (-28) and operating margin was -1.7 percent (-1.4) - Cash flow before financing activities amounted to
SEK -483 M (-963) -
Earnings per share, before and after dilution, was
SEK -0.87 (-0.85) - The number of housing units sold to consumers was 302 (203)
- The number of housing units sold to investors was 0 (75)
- The number of production starts was 281 (334)
*Recognised revenue and profit pertain to continuing operations at the end of the period.
President and CEO
"Market conditions continued to improve, but it is clear that recovery will take time. We expect a gradual improvement in market conditions, and see possibilities for increasing production starts during the year. In the countries where Bonava operates, the shortfall of sustainable homes is significant - and it is growing. Our underlying gross margin was 10.2 per
Report presentation today at
The report will be presented in English by President and CEO
The webcast is accessible via this link: https://bonava.videosync.fi/2024-04-24-q1
To participate in the telephone conference, please register at: https://service.flikmedia.se/teleconference/?id=100405
After registration you will be provided with a phone number and a conference ID to access the conference. To ask questions, please follow the webcast and post your questions in the chat or call in and dial *5 on your phone.
The presentation materials and a recorded version of the conference will be available for download from bonava.com.
For more information, please contact:
anna.falck@bonava.com
Tel: +46 707 604 915
Fredrik Hammarbäck, Group Head of Press and Public Affairs
fredrik.hammarback@bonava.com
Tel: +46 739 056 063
This information is such that
Bonava is a leading residential developer in
For more information about us, visit:www.bonava.com
https://news.cision.com/bonava-group/r/bonava-s-interim-report-for-the-first-quarter-2024--improved-sales-to-consumers-and-net-debt-halved,c3966117
https://mb.cision.com/Main/13957/3966117/2753295.pdf
https://mb.cision.com/Public/13957/3966117/9350bd8be0f363d5.pdf
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